Buckle Inc (NYSE:BKE) VP Diane L. Applegate sold 1,200 shares of the business’s stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $20.84, for a total value of $25,008.00. Following the transaction, the vice president now owns 20,500 shares of the company’s stock, valued at $427,220. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Buckle Inc (NYSE:BKE) traded up $0.50 during trading on Friday, reaching $20.75. The company had a trading volume of 545,475 shares, compared to its average volume of 582,249. Buckle Inc has a twelve month low of $13.50 and a twelve month high of $25.11. The stock has a market capitalization of $1,013.45, a PE ratio of 11.99 and a beta of 1.09.

Buckle (NYSE:BKE) last posted its earnings results on Friday, November 17th. The company reported $0.41 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.40 by $0.01. Buckle had a return on equity of 19.13% and a net margin of 9.17%. The business had revenue of $224.30 million during the quarter, compared to analysts’ expectations of $224.12 million. During the same period in the previous year, the business earned $0.49 earnings per share. The firm’s revenue was down 6.2% on a year-over-year basis. equities analysts anticipate that Buckle Inc will post 1.74 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Stockholders of record on Friday, January 12th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.82%. The ex-dividend date is Thursday, January 11th. Buckle’s payout ratio is currently 57.80%.

Several institutional investors and hedge funds have recently bought and sold shares of BKE. Victory Capital Management Inc. boosted its holdings in shares of Buckle by 5,476.3% in the 3rd quarter. Victory Capital Management Inc. now owns 1,341,438 shares of the company’s stock worth $22,603,000 after purchasing an additional 1,317,382 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in shares of Buckle by 39.6% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 463,644 shares of the company’s stock worth $7,813,000 after purchasing an additional 131,594 shares in the last quarter. Engineers Gate Manager LP purchased a new position in shares of Buckle in the 3rd quarter worth about $1,007,000. Sprott Inc. boosted its holdings in shares of Buckle by 21.4% in the 3rd quarter. Sprott Inc. now owns 255,000 shares of the company’s stock worth $4,297,000 after purchasing an additional 45,000 shares in the last quarter. Finally, Parametric Portfolio Associates LLC boosted its holdings in shares of Buckle by 28.7% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 168,314 shares of the company’s stock worth $2,996,000 after purchasing an additional 37,566 shares in the last quarter. Hedge funds and other institutional investors own 59.64% of the company’s stock.

Several equities analysts recently commented on the company. ValuEngine upgraded Buckle from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 1st. Zacks Investment Research upgraded Buckle from a “sell” rating to a “buy” rating and set a $18.00 target price for the company in a research report on Wednesday, November 1st.

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About Buckle

The Buckle, Inc is a retailer of casual apparel, footwear and accessories for young men and women. As of January 28, 2017, the Company operated 467 retail stores in 44 states throughout the United States under the names Buckle and The Buckle. The Company markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories and footwear.

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